The booster of SpaceX’s Falcon 9 rocket lands on the company’s barge after launching the Spaceflight SSO-A mission. SpaceX Elon Musk’s SpaceX, in a previously secret lawsuit revealed on Wednesday, challenged the Air Force awarding $2.3 billion in rocket development contracts last year to competitors Blue Origin, Northrop Grumman and United Launch Alliance, which is a
Month: May 2019
Shoppers enter the Nordstrom store April 1, 2003 on Michigan Avenue in Chicago. Scott Olson | Getty Images Check out the companies making headlines after the bell: Shares of Nordstrom tanked more than 9% in extended trading after the department store reported first-quarter results that missed on the top and bottom lines. Nordstrom reported earnings
The United States Securities Exchange Commission has postponed its decision regarding VanEck Bitcoin ETF proposal for 90 days moving the deadline to August 19th, 2019. VanEck Bitcoin ETF The SEC gave a 35 day period for collecting information as well as more insight on the proposal that was initially filed last year by the Chicago
The standout performer in the cryptocurrency markets today is one of the worlds largest by market cap, Bitcoin SV (BSV), which at one point surged over 200 percent on some exchanges during today’s trading session. At 13:15 UTC, the price 11th largest crypto by market cap rank reached a 24-hour high of $139.31, a figure
Share to facebook Share to twitter Share to linkedin Fundamental principles of good architecture always outlast fads. AdobeStock_85853500 Does every home need a great room? Do buyers need, or even want, a dining room? How important is the kitchen, especially in a market like New York? Does it matter whether the ceiling is 9’ high,
A sizable drop in mortgage interest rates didn’t do much to help home sales in April, as high prices and tight supply at the low end of the market continued to sideline buyers. Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 million units,
View Bitcoin risks a price pullback in the short-term, given the signs of bullish exhaustion around $8,300. A UTC close below $7,581 would validate a bearish “hammer candle” created on Monday and open the doors for a drop to the 30-day moving average, currently at $6,333. The case for a pullback would weaken if BTC
Deutsche Bank is standing by its call for a 30% return on the S&P 500 this year, despite increasing global fears over the escalating U.S.-China trade dispute. Binky Chadha — head of asset allocation and chief equity strategist at the firm — told CNBC on Tuesday he is keeping the S&P target at 3,250, which
Traders work on the floor of the New York Stock Exchange on May 20, 2019 in New York City. Spencer Platt | Getty Images News | Getty Images Check out the companies making headlines after the bell: Shares of Merck & Co dropped as much as 9% in extended trading on Monday, before erasing those
Weekly trading volume for the world’s second largest cryptocurrency by market value, Ethereum (ETH), reached its highest notional value in over 17-months on the popular exchange Coinbase. In Coinbase’s two most popular ETH markets, ETH/BTC and ETH/USD, a combined total of 3,675,570 units of ETH changed hands from May 13 to May 19, which at
An upscale, outdoor shopping and restaurant complex recently opened in the Bressi Ranch area of Carlsbad, Calif. — a northern suburb of San Diego that’s also the hub of the golf industry. It has the typical pricey breakfast spot, coffee bar, juice place, BevMo and organic grocery store that are commensurate with this kind of
Billionaire technology investor and philanthropist Robert F. Smith announces he will provide grants to wipe out the student debt of the entire 2019 graduating class at Morehouse College in Atlanta, Sunday, May 19, 2019. Steve Schaefer | Atlanta Journal-Constitution via AP Nearly 400 young men at Morehouse College learned on Sunday that their commencement speaker
View Bitcoin has recorded double-digit gains for three consecutive weeks, a feat last seen during the height of the bull market in 2017. BTC’s quick recovery from Friday’s low of $6,178 indicates “buy the dip” mentality is quite strong. Further, the daily and weekly charts are biased bullish. Prices, therefore, could rise to $8,500 (July
A SpaceX Falcon Heavy rocket, carrying the Arabsat 6A communications satellite, lifts off from the Kennedy Space Center in Cape Canaveral, Florida, April 11, 2019. Thom Baur | Reuters SpaceX has hurtled to the top of the launch industry over the past decade, last year bringing in more revenue than any other rocket company, according
A banner for the online image board Pinterest Inc. hangs from the New York Stock Exchange on the morning that Pinterest makes its initial public offering on April 18, 2019. Spencer Platt | Getty Images Check out the companies making headlines midday Friday: Cray — Shares of Cray surged 19.4% after the supercomputer manufacturer announced
The price of litecoin (LTC) was quoted in three digits across cryptocurrency exchanges earlier today. The fifth largest cryptocurrency by market capitalization jumped to $107.71 at 02:00 UTC, the highest level since June 12, 2018, according to CoinDesk’s Litecoin Price Index. The bullish move has stalled in the last few hours, though, with the price
Retail giant Walmart is coming back big time lately, as evidenced by a string of quarterly reports — including one this week — which confirm a rise in both store and Internet sales. Walmart reported a 3.4% jump in U.S. Q1 comp sales, and a 37% jump in eCommerce sales. There was a time Walmart
5:00 PM ET Thu, 16 May 2019 Taylor Morrison CEO Sheryl Palmer joins incoming Freddie Mac CEO David Brickman, alongside CNBC’s Diana Olick at the Capital Exchange, exploring the new realities of real estate. She is “bullish” because of demographics. “Now we have to learn how to build on it, and build on it at
View Bitcoin has erased nearly 24 percent of the price losses seen in 12 months to December 2018. Sunday’s high above $7,500 could come into play again if a contracting triangle on the hourly chart ends with a bull breakout. A UTC close below $6,762 would validate the bull exhaustion signaled on Sunday and allow a
Packages of Beyond Meat Inc. beef crumbles are displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019. Daniel Acker | Bloomberg | Getty Images A notable short seller is roasting newly public Beyond Meat. Andrew Left of Citron Research took to Twitter Friday afternoon, saying the hype around the plant-based meat
China’s currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it’s signaling that things aren’t going well. The question is whether that signal is intentional, and whether Chinese officials will step in to prevent the yuan from reaching a key psychological low of 7 to the dollar. That level
Ripio, a startup that’s been working to boost crypto adoption in Argentina, is opening a new exchange platform for three Latin American markets. The exchange will operate in Argentina, Brazil and Mexico, though due to regulatory hurdles, only fixed-price purchases will be available for Mexican users, Ripio CEO Sebastian Serrano told CoinDesk at Consensus 2019. The
When calling a successful portfolio owner for a listing, every commercial real estate broker can tell you the most common phrase they hear: “I would sell if I had a place to put the money.” Typically these owners do not sell property but continue to purchase buildings to add to their portfolio — and the
17 Mins Ago Incoming Freddie Mac CEO sits down with Diana Olick at CNBC’s Capital Exchange Summit, alongside Taylor Morrison CEO Sheryl Palmer. While he says there’s “no major dip likely in front of us,” the bigger issue is “no one can figure out a way to build more affordable” without a change in regulatory
The price of the world’s largest cryptocurrency, bitcoin (BTC), surpassed $7,900 today, jumping 16 percent in the process to reach a high not seen in more than nine months. Bitcoin (BTC), with a market capitalization that now accounts for 59.8 percent of the total cryptocurrency market, jumped 16 percent from its opening price of $6,800
Michael Roman, CEO, 3M Scott Mlyn | CNBC Shares of industrial products maker 3M have been hit hard since the company’s disappointing first-quarter earnings report in April, and J.P. Morgan warned investors on Friday that there is more pain to come. J.P. Morgan analyst Stephen Tusa said in a note that 3M’s “premium valuation is unjustified by
A flurry of Fed speakers and any new trade developments could shake up what normally might be a slow week of trading ahead of the three-day Memorial Day holiday weekend. Stocks ended the past week with losses, as trade-related headlines caused big swings in the market. The Dow ended the week with a 0.7% loss
Are we on the verge of mainstream adoption for digital currencies? The list of companies accepting payment in Bitcoin is steadily growing and now one of the biggest e-commerce sites is hinting at joining that list. Global e-retailing giant, Ebay, has stirred rumors via its latest promotional adverts. Let’s check this out. Mainstream Adoption –
Can a logo symbolize the ethos of a project? An industry? An entire movement? This is perhaps too much meaning to attribute to any one design, but if any logo has come close to the task, it’s that of bitcoin. Belonging to no corporation, no in-house graphic design team at a shiny Silicon Valley startup,
This estate in Bridgehampton is listed for $49.995 million. Courtesy of Out East via Bespoke Real Estate The Hamptons housing market is gearing up for a new summer season and included in it are several homes that aim to surpass last year’s most expensive sale. Closing at $40 million, 290 Further Lane in East Hampton
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